The canary in the coalmine died long ago and is now festering on the doorstep of households
Federal Member for Eden Monaro addressed Parliament advising that businesses are desperately trying to renew their insurance policies but in the wake of the Black Summer bushfires they’re finding they’re either being rejected or asked to pay unaffordable premiums.
"Insurance underpins the investment and jobs we need for our renewal following drought, bushfires, floods and COVID-19.
"The market and the environment have been ringing the alarm bell for years. "The canary in the coalmine died long ago and is now festering on the doorstep of households right around Eden-Monaro.